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IRS Posts New Disaster Relief Publication

(March 5, 2018) The IRS has posted a new publication, Publication 976, Disaster Relief, to its website. This new taxpayer publication explains special tax law provisions, including retirement plan/IRA relief, to help taxpayers and businesses to recover from the impact of 2016 qualified disasters and 2017 qualified disasters. Taxation of qualified disaster distributions, repayment of qualified disaster distributions, and loans from qualified retirement plans are all covered in this publication.